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Re: Stock Indexes Close at Record Highs After Fed Decision

By: killthecat in FFFT | Recommend this post (0)
Thu, 19 Sep 13 2:04 AM | 39 view(s)
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Msg. 56059 of 65535
(This msg. is a reply to 56058 by clo)

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And gold surged $70 after the announcement.


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The above is a reply to the following message:
Stock Indexes Close at Record Highs After Fed Decision
By: clo
in FFFT
Thu, 19 Sep 13 1:05 AM
Msg. 56058 of 65535

Stock Indexes Close at Record Highs After Fed Decision

U.S. stocks rallied to record highs on Wednesday after the Federal Reserve surprised investors and decided against trimming its bond-buying stimulus program.

Stocks were modestly lower before the announcement, but after the Fed statement the Dow and S. & P. 500 indexes quickly climbed to record highs after the central bank said it would continue buying bonds at an $85 billion monthly pace for now.

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http://www.nytimes.com?emc=edit_na_20130918


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